When it comes to trading, there are all sorts of different strategies and schools of thought out there. But if you’re looking for a well-rounded, comprehensive guide to trading then The Disciplined Trader by Mark Douglas is a great place to start.

Every trading system has higher probability setups than other setups. And you’ll know what the higher probability setups are if you just look through your past trades. In this audiobook, you will learn about Forex Trading, what it’s about, benefits and how you can earn big using proven strategies. This is a hard book to review because on the one hand it's not very good, but on the other hand were it a little better organized, a lot less repetitive, and were the sentences not so flat and grinding, one senses it could have been a trading classic. Its virtues are its sincerity, the sense that its author is immersed in thinking through the inner game of trading, and his willingness to risk hyperbole to convey his convictions. This core module also contains a Q&A teleconference recording of a past online class where Tisha Hallett, (my wife and creative director of The Disciplined Trader) and I fielded questions about how the mind works and how these mental trainings work to give you the permanent positive changes you seek.Some traders described The Disciplined Trader as being the only book needed. As good as Trading in the Zone is, some viewed the text as simply a recap/rehash of The Disciplined Trader and, therefore, not worth the money. It’s okay to be emotional; it’s not okay to let emotion change your management of risk’. ‘The Disciplined Trader’ by Mark Douglas (1990) Douglas describes his own liberation after going bankrupt as follows: "I started to appreciate my ability to think as my greatest asset...This sense of appreciation began to grow into a deeper level of understanding about the basic nature of my identity." Finally he realizes that "In the market environment...there is no beginning, middle, or end--only what you create in your own mind." In the last, but certainly not least portion of this module, you’re going to have the opportunity to learn from one of the very best minds in trading, Joe Ross, as he answers questions on “framing your trading as a business.” He is not talking about how to incorporate a business, but about how to think as a businessperson–which you are! This information is not to be missed. And lastly, I’ve given you a copy of one of my favorite books ever, “The Power of Concentration,”by Theron Q. DuMont. Although this book was written in 1918, almost a century ago, the truths that DuMont relates are timeless and his principles are directly related to being the Disciplined Trader. I hope you enjoy the book as much as I do.

If you glance at the contents of this module, you’ll see your next subconscious training and matching affirmation training which I titled, “Trading To Make Money.” You see, it is imperative that you frame your trading as a business in which you operate to make a profit.The Disciplined Trader book by Mark Douglas has been translated into multiple languages, making it accessible to readers around the world. Book Editions Whether you choose to read both of Douglas’ books, or just one, it will certainly change the way you view trading. Each of the Core Modules teaches you how to overcome the most perplexing mental and emotional challenges for traders–one challenge at a time. If you want to understand the fundamental truths of trading and trade from a care-free state of mind then both books are worthy of a place on your shelf.

Fourth, I wanted to teach traders the importance of viewing trading as a business and key strategies for managing, planning, delegating, controlling, and directing your business, whether your a single-person trader or have a support team. We’ve all heard the expression that taking losses are just part of your overall winning. So if we know this logically, why is it so difficult to take those losses? Well, this difficulty can result from a number of factors: fear, ego, greed, and more. No matter what the reason is, you find yourself holding on to positions longer than your trading plan dictates, or moving stops around so you don’t get hit, or using mental stops. Working closely with our research team and editors, the following books have been specially chosen for those wishing to extend their knowledge on the subject, each offering a unique perspective. ‘The Daily Trading Coach’ by Brett N. Steenbarger (2009) Another key element of this module is the Q&A report on “Employing Proper Risk and Money Management.” Go ahead; scan all the primary questions about risk and money management asked by students of the online Disciplined Trader training and support program and then answered by our master of risk management, Paul King. The author goes to the extent of detailing existence ( our physical self occupying time and space and our thoughts ( nondimensional and above time limit). It just blew my mind away.A must-read classic for all investors, whether brand-new or experienced’ – William O’Neil, founder and Chairman, Investor’s Business Daily. Basic insights into what behavior may need to be changed, and how to build a framework for accomplishing this goal

An edge is nothing more than an indication of a higher probability of one thing happening over another’.Most of the great businesses are connected to the world of the internet today, and Forex trading is no exception. You can deal in foreign currencies right from your home. In And then there’s the special report I wrote on “Dominating Your Fear of Losing.” Many of my students consider this one of my top special reports I’ve ever written. So go ahead and read it at your leisure. Hypothetical Performance Disclosure : Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. In society [i.e. "a structured environment"] we can get by and even be successful with a facade of confidence because people will generally support each other's illusions about themselves. The market, however, has no vested interest in supporting anyone's illusions about himself. If a trader is feeling fearful he can try to cover it up all he wants but his trading results will readily reflect his true feelings.